Euro & Finance Archives

The three parties of Germany's next government have made it clear they want to make the coming years a decade of investments for the future. Where the resources for such investments will come from, however, remains unclear.

Under a Liberal-led finance ministry, Germany will take a hard line on EU fiscal policy and reject calls from southern EU countries to relax fiscal rules. However, the business-friendly FDP is open to compromise. EURACTIV Germany reports.

HSBC, Deutsche Bank and Swiss Re have thrown their support behind ESG Book, a new environment, social and governance (ESG) data platform launched on Wednesday (1 December) to 'disrupt' the market with a free "public good" service for companies and investors.

France will be able to reach a compromise with the new German government to update the European Union's fiscal rules to face economic challenges following the COVID-19 pandemic, French Finance Minister Bruno Le Maire said on Monday (29 November).

German consumer price inflation rose further in November to hit another record high, preliminary data showed on Monday (29 November), increasing pressure on the European Central Bank to react.

The European Union set out its third wave of reforms in six years on Thursday (25 November) to try to build a seamless securities market that can compete better with London and New York, a step that will pit stock exchanges against rival platforms.

The European Commission remains confident in a successful recovery of the Portuguese economy, especially as the COVID-19 vaccination rate in the country is so high. As part of the "autumn package" adopted on Wednesday, the EU executive has published the …

Out of 112 European banks, not one is close to fully aligning with the European Central Bank's climate and environmental risk management guidelines, according to a new report.

In a shift away from European Central Bank orthodoxy, a senior bank executive  has argued that even though the ECB’s monetary policy led to a decrease in labour income inequality, its asset purchase programs would lead to wealth inequality.

The European Union won't suddenly pull up the "drawbridge" on Britain's financial services sector, and reducing reliance on the City of London for euro clearing could take years, a top European Commission official said on Tuesday (16 November).

Spain’s left-wing government has signed an agreement with the Commission detailing all operational instruments of the country’s national recovery plan, a formal step which will allow Madrid to request, shortly, the first half-yearly “tranche” of €10 billion from EU resources.

The European Union gave the City of London a reprieve on Wednesday (10 November), saying it will allow clearing houses in Britain to continue serving customers in the bloc beyond next June, when market access was set to expire.

Member states with a significant presence of foreign banks fear that the EU Commission’s proposal to implement the Basel III agreement sacrifices their national financial stability to integrate the EU’s banking sector.

EU finance ministers on Tuesday (9 November) relaunched the discussion on reforming the fiscal rule, which has been on hold since the outbreak of the COVID-19 pandemic, the Slovenian EU presidency said.

Monday’s meeting of the eurozone finance ministers was the first opportunity to discuss the review of the EU’s economic governance framework. While Commissioner Gentiloni hoped for a fresh start in the debate, the Austrian finance minister Gernot Blümel insisted on keeping the current rules.

Prime Minister António Costa on Monday (9 November) called for a review of economic governance rules in Europe that takes into account lessons learned from the different responses to the most recent crises, warning against "abrupt debt and deficit reductions". Speaking …

Only a quarter of senior positions in economics at universities and business schools are held by women, according to a recent study. Christine Lagarde, President of the European Central Bank (ECB), pushes for more women in economics, saying “diversity is key to creating knowledge”.

The European Commission expressed commitment to stronger and more deeply integrated financial markets with its action plan on capital markets union (CMU) published one year ago. This objective cannot be achieved without a strong commitment from the EU Member States, even more crucial now, as Europe recovers from the COVID-19 crisis. 

In an interview with EURACTIV, a prominent economic historian and chronicler of economic crises argued for a different relationship between politics and finance and a new understanding of inflation. According to Adam Tooze, the European Union should focus on growth and not get bogged down in an argument about fiscal rules.

According to a new study, the public sector could take the lead in transitioning to a green economy and help grow the economy at the same time, but only if there is a change in the fiscal rules that are currently debated in the EU.

Through a newly proposed banking package the EU commission is trying to find a balance between increasing financial stability, protecting bank profits and sustainability concerns.

In a new discussion paper, economists of the European stability mechanism (ESM) suggest a simplification of the EU’s fiscal rules and their adaptation to changed economic circumstances.

A group of European countries agreed with the United States on Thursday to withdraw their digital taxes. The move by Austria, France, Italy, Spain, and the United Kingdom follows an international tax deal agreed earlier this month that aims to allocate parts of the profits from highly profitable, big corporations to countries in which revenue is generated.

Bundesbank chief Jens Weidmann, who on Wednesday (20 October) announced his decision to stand down more than five years early, led a decade-long fight inside the European Central Bank against the easy-money policies espoused by successive ECB presidents.